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Disclosure Of Settlement Agreement
"I need a Disclosure of Settlement Agreement that allows our company to share settlement details with our external auditors and tax advisors for the 2025 financial audit, while maintaining strict confidentiality requirements for all other aspects of the original settlement."
1. Parties: Identification of all parties to the agreement, including the original settlement agreement parties and any additional parties to whom disclosure is being made
2. Background: Context of the original settlement agreement, reason for disclosure, and relevant circumstances necessitating this disclosure agreement
3. Definitions: Key terms used in the agreement, including 'Confidential Information', 'Settlement Agreement', 'Permitted Disclosure', and 'Authorized Recipients'
4. Reference to Original Settlement: Details and date of the original settlement agreement being referenced
5. Scope of Disclosure: Specific information from the settlement agreement that may be disclosed
6. Authorized Recipients: Identification of persons or entities to whom disclosure is permitted
7. Confidentiality Obligations: Ongoing confidentiality requirements for information not covered by the disclosure permission
8. Purpose of Disclosure: Permitted purposes for which the disclosed information may be used
9. Duration: Time period for which the disclosure permission remains valid
10. Signatures: Execution clause and signature blocks for all parties
1. Media Communications: Include when public announcements or media statements about the settlement are contemplated
2. Regulatory Compliance: Include when disclosure is required for regulatory or statutory compliance
3. Third Party Rights: Include when the disclosure affects the rights of parties not directly involved in the original settlement
4. Non-Disparagement: Include when there's a need to control the manner of disclosure to prevent harmful or disparaging communications
5. Variation: Include when parties want to allow for future modifications to the disclosure permissions
6. Dispute Resolution: Include when specific dispute resolution mechanisms for disclosure-related disputes are needed
7. Indemnification: Include when protection against claims arising from permitted disclosure is required
1. Schedule A - Permitted Information: Detailed list of specific information from the settlement agreement that may be disclosed
2. Schedule B - Authorized Recipients: Comprehensive list of individuals or entities authorized to receive the disclosed information
3. Schedule C - Original Settlement Agreement: Copy or relevant excerpts of the original settlement agreement
4. Schedule D - Disclosure Format: Templates or prescribed formats for making authorized disclosures
5. Appendix 1 - Confidentiality Undertaking: Form of confidentiality agreement to be signed by authorized recipients
6. Appendix 2 - Disclosure Notice: Template for notifications required before or after making permitted disclosures
Authors
Financial Services
Mining
Manufacturing
Healthcare
Technology
Retail
Construction
Professional Services
Energy
Telecommunications
Insurance
Real Estate
Education
Transportation
Agriculture
Legal
Compliance
Executive Management
Corporate Governance
Risk Management
Human Resources
Corporate Communications
Regulatory Affairs
Finance
Audit
Board Secretariat
Dispute Resolution
Legal Counsel
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Risk Manager
Company Secretary
Human Resources Director
Corporate Communications Manager
Regulatory Affairs Manager
Operations Director
Board Member
Settlement Administrator
Legal Operations Manager
Dispute Resolution Officer
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